We all know it, and I think it is safe to say, that 2020 has been a bit of a tough year. Companies have faced significant operational challenges meaning that they have been without staff, suppliers or customers for long periods of time.
There's no denying that Covid-19 has changed the game for the health and fitness industry, as indeed it has for many other industries.
If there’s one word that’s been thrown around more than any other in the business sphere for the last six months, it’s ‘pivot’.
Ever thought about becoming a business coach?
Technology has always been a huge part of our lives for decades now; from pagers to high speed internet, it’s been changing our lives and how we work.
True to form, the franchising industry has highlighted its resilient nature during the challenges that the past 12 months has thrown at us.
This is the prediction of franchising expert Richard Pakey who says this specialised business sector has remained incredibly resilient during this most challenging of years.
Purchasing a franchise is not something you should attempt quickly. Be extra-thorough and carry out plenty of in-depth research before making your decision, explains franchising expert Richard Pakey.
Change is inevitable and if franchisors need to find new solutions to grow or survive, then collaboration is the best route forward, says franchise expert Sarah Kelly.
With COVID-19 continuing to cause chaos and disruption around the world, we all know the franchising sector has been as badly affected as any other. So, what are franchisors doing to ensure the survival and future growth of their businesses?